mercredi 6 février 2019

Reasons Why The Short Term Rentals Chicago's Property Owners Advertise Are So Appealing

By William Bennett


Online websites advertising fully furnished homes to tourists and vacationers have taken off in the last few years. There are a lot of reasons why vacationers, business people, and even city residents prefer renting these homes instead of staying in hotels. There are also many reasons why property owners offer short term rentals Chicago's tourists and citizens can take advantage of.

Flexibility is one of the prime benefits for owners. It works especially well for property owners who have vacation homes they use themselves several weeks throughout the year. You can earn some money renting the property out, and have it available whenever you want it for yourself. You aren't restricted by a six or twelve month lease. If you like to remodel or redecorate periodically, you don't want to deal with renters in the house while that's going on. You can be flexible about the rent you charge.

Fees can be easily adjusted up or down according to the circumstances. When you have a house you are renting on a daily or weekly basis, you can always increase the rent when the demand is high. This is usually during peak summer months in certain regions of the country and peak months in the winter for others. When the city is crowded with tourists attending a big sporting event or a major convention, you can increase your rates. When snow is covering the lake, and tourism is slow, you can reduce them.

Owners experience less property damage than with annual leases. Since your paying guests are only visiting for a week or so in most cases, there is less likelihood that they will do serious damage to your property. With tenants, who are living in properties for a year at a time, the probability you will have to make major repairs once they leave is much greater.

Renters reap the benefits of renting a house on a temporary basis. A year long lease is not what everybody wants or needs. Some business people come into the city a few times a year for a few weeks at a time. Others are in town on vacation. Chicagoans who are homeowners sometimes are forced to vacate their homes for extensive repairs brought about by renovation project or damage created by a major fire or flood.

People who are renting temporarily do not have households full of furniture. Most of them are prepared to pay for the privilege of having a fully furnished home. These people tend to treat the furnishings respectfully.

Having a kitchen that's fully stocked means renters can save money by cooking instead of eating out at pricey restaurants all the time. Many of these residences include washers and dryers so renters can do laundry. This saves on dry cleaning bills and allows guests to wash and dry towels and sheets and leave the property the way they found it.

A lot of these properties are just as nice as fine hotels. Many of the private homes have spacious accommodations with top of the line furnishings and amenities. Some have pools, patios, balconies, and fireplaces. Many of these properties are more affordable than their hotel counterparts.




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